The Bigger Picture..21 Oct 2020 14:00
I'm thinking of the 'bigger picture' here.
LVG is a great prospect with plenty exploration upsides (remember Christian Schaffalitzky of EUA is still on the board and I don't think he'd have sanctioned this purchase otherwise - he is no fool) Ok, it may take a while to get into production (funding wise with a little dilution) concurrently the new team will be working on Gold Ridge once COVID restrictions are lifted in Arizona.
Meanwhile, the O&G assets will be in production, with one or two wells developed for Carbon Capture trials (c/w funding from O&G Majors and UK Gov)...then Middle East renewable energy (again with massive funding from the Arabs).
Hopefully with the new prospectus' this will also likely push through/fund the Romanian O&G deal which is still on the table. Also not forgetting Cobalt in Australia and 'other' projects in the pipeline...
If you currently think (AIM) companies like GGP, EUA etc are doing well..I believe WE have an excellent opportunity to evolve into a 'Super Major' on the MAIN Market...
Ponder this with your afternoon coffee.. while you hover over your keyboard deciding whether to make a couple of quid on a 'day-trade'.
ATB